Offshore Software Development is beneficial for better futureFriday, September 15, 2006
The ongoing market trend of Information Technology indicates that Offshore Software Development is beneficial for better future. The process of Offshore Outsourcing or getting work done through others is not a new business trend and prevailing since a long back. In the past also exchange of services used to take place. In current market and especially in Software Industry, the development cost is rising very rapidly and the profit margin is decreasing. This is the key reason that Offshore Software Development is having rapid growth globally. Because of the raising cost and decreasing profit most of the IT companies from United States and UK prefer to get the work done from the countries such as India or China.
Now a day the whole world is becoming techno savvy as Information Technology is ruling over almost all the industries. Industries such as Banking, Finance, Insurance, Health, Automobile and almost all are investing heavily to upgrade themselves with the latest software and technology services. Global presence through web has also been must to sustain in the heavy competitive market. Vendors are also offering the best quality and cost effective development services. Countries such as India and China are on the top of the list for such high quality and cost effective services. Both the countries have also faced the good economy growth due to their increasing demand globally for software and other Information Technology services.
Offshore Software Development services to India
If we consider the current market trend, software companies are not only offering the Offshore Software Development but give many other advantages. The list of the its benefits includes timing flexibilities, lower cost development services, better quality due to higher competition, on demand availability of the men power, on demand availability of the infrastructure and many more. These points are enticing the companies to enter into the Offshore Outsourcing process. Cost savings realization in this mode of business is really very remarkable. According to the survey Offshore Software Development services to India is 4 to 5 times lower compared with US or UK. India has a wide pool of Information Technology professionals and talents that can really offer high quality and lower cost services.
India is well known for its Information Technology expertise and fluency over the English speaking. Fluency over the English language has also placed India on the top for the call center and other BPO services. Amount of call centers are also increasing in the country. Many of the leading Offshore Software Development service providing companies have also started to invest heavily in call center industry. According to the experts, it helps the companies to enhance their competitiveness and increase their service portfolio for Offshore Outsourcing. Due to the constant increasing portfolio as a part of the overseas services, demand of the Offshore Software Development is also increasing rapidly.
Noticeable investment for the overseas services and assistance indicates that best of the Offshore Software Development is yet to come in the near future.